HomeNewsIndiaSM Krishna: Former CM who transformed Bengaluru from pensioners' paradise to a global IT hub

SM Krishna: Former CM who transformed Bengaluru from pensioners' paradise to a global IT hub

SM Krishna’s vision, combined with India’s economic liberalisation and competition from cities like Hyderabad, played a pivotal role in turning Bengaluru into a global technology powerhouse.

December 10, 2024 / 11:23 IST
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SM Krishna
SM Krishna

Somanahalli Mallaiah Krishna (SM Krishna), Karnataka’s Chief Minister from 1999 to 2004, is widely credited with transforming Bengaluru from a ‘pensioners’ paradise’ into India’s Silicon Valley. The 92-year-old leader passed away at his residence on December 10.

Krishna's leadership fostered a tech and biotech boom in Bengaluru, positioning the city as a global technology hub.

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The foundation for Bengaluru’s rise began with public sector undertakings like HAL, ITI, and BEL. However, the city’s IT evolution began in 1984 when Texas Instruments established an R&D facility, followed by the arrival of global tech giants like Intel and IBM. The Y2K boom further accelerated the IT sector’s growth, with companies such as Infosys and Wipro leading the charge.

Also, readFormer Karnataka chief minister S M Krishna dies aged 92